Kingray Technology Co., Ltd.
Kingray Technology Co., Ltd. engages in the semiconductor wafer, diode, and LED epitaxil wafer business in Taiwan. It offers narrow band pass filters and infrared band; new blue glasses; optical and IR cut, UVIR, high reflective, anti-reflective, dichroic color, and IR pass filters; beam splitters; rectangle OEM and octagon dicing; circular OEM drills; TOF products; DMS, ADAS, and ALS products fo… Read more
Kingray Technology Co., Ltd. (6787) - Total Assets
Latest total assets as of June 2025: NT$810.91 Million TWD
Based on the latest financial reports, Kingray Technology Co., Ltd. (6787) holds total assets worth NT$810.91 Million TWD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Kingray Technology Co., Ltd. - Total Assets Trend (2019–2024)
This chart illustrates how Kingray Technology Co., Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Kingray Technology Co., Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Kingray Technology Co., Ltd.'s total assets of NT$810.91 Million consist of 62.4% current assets and 37.6% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 45.3% |
| Accounts Receivable | NT$35.23 Million | 4.4% |
| Inventory | NT$33.05 Million | 4.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$13.00K | 0.0% |
| Goodwill | NT$72.32 Million | 8.9% |
Asset Composition Trend (2019–2024)
This chart illustrates how Kingray Technology Co., Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Kingray Technology Co., Ltd.'s current assets represent 62.4% of total assets in 2024, an increase from 7.2% in 2019.
- Cash Position: Cash and equivalents constituted 45.3% of total assets in 2024, up from 7.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 8.9% of total assets.
Kingray Technology Co., Ltd. Competitors by Total Assets
Key competitors of Kingray Technology Co., Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ferrotec (Anhui) Technology Development Co. Ltd. A
SHE:301297
|
China | CN¥1.93 Billion |
|
TCL Corp
SHE:000100
|
China | CN¥381.65 Billion |
|
Inner Mongolia Ojing Science & Technology Co. Ltd. A
SHE:001269
|
China | CN¥2.08 Billion |
|
TCL Zhonghuan Renewable Energy Technology Co Ltd
SHE:002129
|
China | CN¥123.12 Billion |
|
TongFu Microelectronics Co Ltd
SHE:002156
|
China | CN¥45.47 Billion |
|
Tianshui Huatian Technology Co Ltd
SHE:002185
|
China | CN¥42.96 Billion |
|
NAURA Technology Group Co Ltd
SHE:002371
|
China | CN¥85.89 Billion |
|
Jiangsu Yoke Technology Co Ltd
SHE:002409
|
China | CN¥16.31 Billion |
Kingray Technology Co., Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Kingray Technology Co., Ltd. generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Kingray Technology Co., Ltd. is currently not profitable relative to its asset base.
Kingray Technology Co., Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.63 | 2.01 | 1.54 |
| Quick Ratio | 5.24 | 1.68 | 1.32 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$364.94 Million | NT$ 92.57 Million | NT$ 25.74 Million |
Kingray Technology Co., Ltd. - Advanced Valuation Insights
This section examines the relationship between Kingray Technology Co., Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.74 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 37.8% |
| Total Assets | NT$810.43 Million |
| Market Capitalization | $51.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values Kingray Technology Co., Ltd.'s assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Kingray Technology Co., Ltd.'s assets grew by 37.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Kingray Technology Co., Ltd. (2019–2024)
The table below shows the annual total assets of Kingray Technology Co., Ltd. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$810.43 Million | +37.84% |
| 2023-12-31 | NT$587.95 Million | +4.33% |
| 2022-12-31 | NT$563.53 Million | -24.05% |
| 2021-12-31 | NT$741.94 Million | +125.07% |
| 2020-12-31 | NT$329.65 Million | +107.02% |
| 2019-12-31 | NT$159.24 Million | -- |